john reed has said that and paul volcker and many people who you spend time with. >> are you asking me why -- >> what do you think is -- >> well, paul volcker actually said something slightly different as you know. he has advocated the volcker rule, and i don't know the volcker rule, what it means, because nobody's defined it yet. and the reason, as you know, is that it is a very -- it is a line that will only be ultimately arbitrary. so, it's an issue that a lot of people engage with. i'll stick with what i said a moment ago. the focus is right. >> right. >> the focus of too big to fail is right. we had fannie mae and freddie mac. the question of how to address it i think is massively more complicated than these kinds of relatively in my opinion, limited proposals. >> right. >> i'll just say once again, i think it's really important, if you're going to get into this question of too big to fail, you have to try to figure out, if i take the risk away from here, where is that risk going to go and how do i deal with that? and i don't think anybody's come up with a good answer to that. >>